Indian Ferro Chrome prices have gone up marginally from last week as most producers reduced their production levels in line with poor demand. Limited Quantity is available in the domestic market as producers have reduced their allocation in the domestic market to curb the free fall of prices. However, this has been countered by demand in the domestic market which has remained sluggish.
News ID: 6034 Publish Date : 2019/08/18
Wire rod prices in eastern India are hovering at 1.5 years low as these levels were last seen in Dec'17. On account of piling up of stocks with the mid sized mills coupled with limited demand has kept market under pressure.
News ID: 5034 Publish Date : 2019/07/06
Indian Ferro Chrome Producers maintained the prices despite low demand. In the global market sentiments for Ferro Chrome remained weak. “It is mostly a buyers market and the prices were completely dependent on the negotiation levels of buyer and the producers”, a producer said, however, even the Chinese market is experiencing similar situations.
News ID: 4814 Publish Date : 2019/06/14
Indian Ferro Chrome stoops to new low in this week. Prices have been gradually falling down since last month due to low demand. Producers reported that the market is more inclined towards the buyers side.
News ID: 4639 Publish Date : 2019/05/25
Indian Ferro Chrome prices are down for the third straight week owing to persistent low demand.
News ID: 4425 Publish Date : 2019/05/06
According to National Bureau of Statistics, China - world's largest consumer and importer of iron ore has witnessed fall in crude iron ore production for Q1 CY’19.
News ID: 4406 Publish Date : 2019/05/04
Ferro Chrome prices fell again this week due to thin buying interest from Stainless Steel mills. Producers are reluctant to buy Ferro Chrome at higher prices and are asking for much lower prices.
News ID: 4384 Publish Date : 2019/04/29
Indian Ferro Chrome prices remains unchanged in the domestic market amid sluggish market conditions. However, prices in the global market have risen.
News ID: 4097 Publish Date : 2019/03/21